Get owners said to be planning share listing later this year

The group of investment companies that own Norway’s Get are said to have hired banks to advise on plans to list shares in the cableco on the stock market, Reuters reports. With it suggested that the offering could value Get at around NOK15 billion (USD2.5 billion), including debt, it has been claimed that Goldman Sachs and Deutsche Bank would be global coordinators in the initial public offering (IPO), while UBS and Barclays are also said to be involved as bookrunners. In terms of timing for the listing, it is believed that it will take place after the European summer, with one unnamed source cited as saying it will take place in September.